Apple could launch a ring to rival Samsung by 2026, research firm predicts
Apple could launch a connected ring to rival Samsung by 2026, according to CCS Insight, adding to the U.S. tech giant’s focus on health.
China state planner lays out further actions to boost economy but no new plans for major stimulus
China will speed up special purpose bond issuance to local governments to support regional economic growth, senior NDRC officials said.
Samsung issues lengthy apology after disappointing profit guidance — read the full statement
Samsung Vice Chairman, Jun Young-hyun, who is the new head of the company’s Device Solutions Division, issued a rare apology.
China rally loses steam as authorities disappoint markets; Hong Kong stocks plunge more than 9%
Household spending in Japan fell 1.9% year-on-year in August, a softer fall compared to the 2.6% decline expected by a Reuters poll of economists.
CNBC Daily Open: Fear is the stock killer
Concrete numbers are driving market movement. But there’s an undercurrent of fear that can perhaps run contrary to what some of those numbers are saying.
Japan real wages down again after summer bonus bump, spending falls
Japan’s inflation-adjusted wages fell in August while household spending also declined, knocking chances of the central bank raising rates any time soon.
Samsung posts disappointing third-quarter profit guidance as it grapples with AI chips
Samsung posts worse-than-expected guidance for third quarter
Chinese travelers trickle back to a Taiwanese island, mere miles from the mainland
Tourism has slowly started to resume on Kinmen, a remote Taiwanese island 1.8 miles from China that once thrived on visitors from the mainland.
Wall Street giants like Goldman quickly up their bets on Chinese markets amid stimulus promises
That comes after many Wall Street banks and analysts downgraded China stocks in recent years, with only a few fund managers sticking to their conviction stance.
Ark Invest expects this tech stock to disrupt Big Tech firms
Ark tells CNBC that companies like it are well positioned to disrupt a tech landscape dominated by Amazon Web Services, Microsoft Azure and Google Cloud.
